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Knowing the Other Side and Oneself before Weather and Terrain.(SWOT analysis)
The famous Chinese proverb:
"知 天 知 地,胜 乃 不 穷。
zhi tian zhi di sheng nai bu qiong
Know the weather, know the terrain, and your victories willbe limitless."
Though above is a doctrine of war but with relevance to the business competition, its to know your strength, weaknesses, opportunities and treats before therein.
Lets the picture describes a complete book:
Let us analyse a fictitious nuclear war, imagine two countries, factors are rage and arrogance, objectives are might is right and ones supremacy over other, internals are propaganda to influence the minds of people, external sanctions from strong one on weak.
Strength of this war is to maintain an image, "I am powerful, you have to obey me". By creating fear.
Opportunities are, "I will conquer more land, more people, more resources".World will know I am might.
Weaknesses are,"My arrogance is my biggest weakness, showing I am might could be my downfall".
Treats are,"I might put the whole world and humanity in danger".
Above is the⤴ fiction, an example. Now in business, this model will help to establish a strategy before launching a company's product of services.
This concept of SWOT analysis is created in 1960's by the capstone business policy course at the Harvard Business School.It clears the concept of matching the internal strength and weaknesses with the external opportunities and threats, with a clear motive of its objectives. It was indeed to enhance the competitive thinking in the business universe, though making above doctrine of war; hard power to be a soft power. Which help companies and corporations to conquer the world and follow a strong competitive strategy.
Ref:
Wee, Chow-Hou. (2017). Sun Zi Art of War and SWOT Analysis: Perspectives and Applications to Business.
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When you do things from your soul, you see a river moving in you, a joy. ~ Rumi
Rumi
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Importance of ownership in Management "calling your employees team members".
Managing the manpower in your company; for your company is never easy.Its a whole set of evolution: which evolved in the field of management. Its starts with calling your employees as team members. It makes the team members feel important for the organisation, "smaller or bigger" and make employers empowers to manage a team in more effective and dynamic manner to achieve high end results.
Our team members to feel like owners. Give them tools of power for self-motivation, that is first reflection for the more generous management team; Is to put together an incentive package.
For the multinational corporations, it may be a stock purchase or grant of equity. These are optimistic maneuvers and represents the important step in the management work to build and engage the high performing team.
Commonly we ask our team members "Do this, this way", instead of saying this ask team members:
How can we best accomplish this?
What do you think?
I assume what would happen if we did this?
Even if you already have a good idea of what needs to be done, an inclusive conversation of feed back and check mechanism will take your product or service to an unexpected place.
We should allow curiosity and engagement to be unfolded in our managerial operations on daily bases. As team members perform engagement and capability, it will give them wings to have more better performance and control of their tasks.
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